LOS ANGELES--(BUSINESS WIRE)--MedMen
Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQB:
MMNFF) (FSE: A2JM6N) is pleased to announce it has signed an exclusive
license agreement (the “Agreement”) with Woodstock Ventures LC and its
affiliate The Woodstock Cannabis Company (collectively, “Woodstock”),
granting MedMen rights to use the iconic Woodstock brand on cannabis
products manufactured and sold in six states: California, Nevada,
Massachusetts, Florida, Illinois and Arizona.

The Agreement grants MedMen the right to manufacture and distribute
Woodstock branded cannabis products to MedMen stores or third-party
retailers in those six states, and anticipates additional states should
Woodstock decide to enter them. The Agreement also gives MedMen premium
placement of cannabis products at Woodstock music festivals and
promotions. Medical marijuana is currently legal in the six states
covered by the agreement, adult-use is legal in California, Nevada and
Massachusetts.

“The Woodstock festival marked the height of the 1960s counter-culture
movement,” said MedMen Co-founder and CEO Adam Bierman. “As a brand,
MedMen is all about pushing the boundaries and bringing about
progressive change to make marijuana use part of the mainstream, so this
partnership between MedMen and Woodstock makes perfect sense. It will
help us reach a broad audience of consumers who are familiar with
marijuana use, and ready to discover new products and ways to
incorporate cannabis into their lives.”

“We’ve been looking for the right partner—one with our values and our
quality standards. When we were introduced to MedMen, we knew that our
search was over,” said Michael Lang and Joel Rosenman, co-producers of
the 1969 Woodstock Festival and all Woodstock reunion festivals. “They
are tireless innovators of new products who never lose sight of the
number one focus for both of our companies – quality.”

A leading cultivator, producer and retailer of state-sanctioned cannabis
in the U.S., MedMen currently operates licensed facilities in
California, Nevada and New York.

ABOUT MEDMEN:

MedMen Enterprises is a leading cannabis company in the U.S. with assets
and operations across the country. Based in Los Angeles, MedMen brings
expertise and capital to the cannabis industry and is one of the
nation’s largest financial supporters of progressive marijuana laws.
Visit http://www.medmen.com.

ABOUT THE WOODSTOCK CANNABIS COMPANY AND WOODSTOCK VENTURES LC:

Michael Lang, Doug Roberts, and Joel Rosenman, the Managing Directors of
Woodstock Ventures LC, formed The Woodstock Cannabis Company for its
product line based on the iconic link between the WOODSTOCK® festivals
and cannabis. Woodstock Ventures LC is currently planning the 2019
activities to celebrate the 50th anniversary of the first WOODSTOCK®
Festival. For more information, please visit the official site of
Woodstock Ventures LC at www.Woodstock.com.